Cochlear Looks Poised to Grow
As China Beckons, Foe Stumbles

By

Susan Murdoch

Updated June 13, 2006 12:01 a.m. ET

MELBOURNE, Australia -- Bionic-ear maker Cochlear Ltd. has flourished over the past year, but a coming push into China and problems for its main competitor have some analysts betting its shares can climb even higher.

Cochlear's small electronic devices are surgically implanted and can help restore sound to a person who is profoundly or severely...